Gandhinagar
GIFT City has cemented its status as a premier destination for both investors and professionals, marked by a consistent upward trend in property values. The residential sector is witnessing substantial demand, as evidenced by the premium rates commanded by modern apartment complexes. Meanwhile, the office space segment provides a stable foundation for the local economy, maintaining attractive valuations that support long-term investment strategies. Rental demand remains steady, offering competitive yields for property owners in this high-growth corridor.
As of June 2026, the average asking price in GIFT City stands at ₹10,200 per sq ft. This figure reflects a significant market appreciation of 11.92% when compared to the previous reporting period, signaling strong demand and growing investor confidence in this strategic business district.
The property price trend in GIFT City has shown a clear upward trajectory throughout the first half of 2026. The location rate increased from ₹10,200 per sq ft in March 2026 to ₹12,700 per sq ft in June 2026, indicating a robust growth phase that suggests heightened interest from both homebuyers and commercial investors looking for premium assets.
GIFT City currently commands a premium valuation compared to surrounding areas in Gandhinagar. While the average asking price in GIFT City is ₹10,200 per sq ft, neighbouring localities such as Kudasan and Sargasan trade at significantly lower price points of ₹4,700 per sq ft and ₹4,600 per sq ft, respectively. This price gap highlights GIFT City's status as a high-value, infrastructure-driven micromarket.
As of June 2026, there is a distinct pricing structure based on property type in GIFT City. Apartments are currently priced at an average of ₹12,700 per sq ft, which has appreciated by 24.45% compared to the previous period. In contrast, office spaces are priced at ₹8,550 per sq ft, with rates remaining stable at 0% change, offering a different entry point for commercial real estate investors.
Rental rates in the vicinity of GIFT City show stability in some areas and correction in others. In Kudasan, the average rental rate is ₹50 per sq ft, which has remained stable with a 0% change. Meanwhile, Sargasan also sees an average rental rate of ₹50 per sq ft, though this reflects a depreciation of 8.33% compared to the previous period, indicating a softening in rental demand in that specific pocket.
Among the areas surrounding GIFT City, Kudasan has experienced a notable appreciation of 5.92% as of June 2026, bringing its average asking price to ₹4,700 per sq ft. Similarly, Sargasan has seen its rates appreciate by 5.54% to reach ₹4,600 per sq ft. These trends indicate that the growth radiating from the primary business hub is positively impacting the residential values of the surrounding Gandhinagar neighbourhoods.
Koba has recorded a depreciation of 5.86% in its average asking price, which currently stands at ₹4,350 per sq ft as of June 2026. This downward movement suggests a market correction or a temporary shift in supply-demand dynamics in that specific locality, providing a potential entry point for value-conscious buyers who are looking for more affordable options compared to the premium rates found in GIFT City.
